Somnigroup International (NYSE:SGI) Releases Quarterly Earnings Results, Hits Estimates

Somnigroup International (NYSE:SGI) announced its earnings results on Tuesday. The company reported $0.72 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.72, Briefing.com reports. Somnigroup International had a return on equity of 22.73% and a net margin of 4.62%.During the same quarter last year, the company posted $0.60 earnings per share. The business’s quarterly revenue was up 54.7% compared to the same quarter last year. Somnigroup International updated its FY 2026 guidance to 3.000-3.400 EPS.

Somnigroup International Stock Up 3.7%

Shares of NYSE SGI opened at $95.85 on Tuesday. The company has a debt-to-equity ratio of 1.51, a quick ratio of 0.38 and a current ratio of 0.75. The company has a market capitalization of $20.12 billion, a price-to-earnings ratio of 62.65, a PEG ratio of 1.51 and a beta of 1.31. The business’s fifty day moving average is $92.19. Somnigroup International has a 12-month low of $53.10 and a 12-month high of $98.56.

Insider Buying and Selling at Somnigroup International

In related news, Director Simon Dyer acquired 32,000 shares of the company’s stock in a transaction dated Tuesday, December 2nd. The shares were purchased at an average price of $93.40 per share, for a total transaction of $2,988,800.00. Following the completion of the acquisition, the director owned 36,800 shares of the company’s stock, valued at approximately $3,437,120. This trade represents a 666.67% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 4.96% of the company’s stock.

Institutional Trading of Somnigroup International

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in SGI. Illinois Municipal Retirement Fund lifted its holdings in shares of Somnigroup International by 0.5% in the fourth quarter. Illinois Municipal Retirement Fund now owns 32,172 shares of the company’s stock valued at $2,872,000 after purchasing an additional 172 shares in the last quarter. Janney Montgomery Scott LLC lifted its stake in Somnigroup International by 1.0% during the 4th quarter. Janney Montgomery Scott LLC now owns 18,115 shares of the company’s stock valued at $1,617,000 after acquiring an additional 173 shares in the last quarter. Principal Securities Inc. boosted its holdings in Somnigroup International by 5.3% during the 4th quarter. Principal Securities Inc. now owns 3,573 shares of the company’s stock worth $319,000 after acquiring an additional 180 shares during the last quarter. Quadrant Capital Group LLC grew its stake in shares of Somnigroup International by 1.1% in the 4th quarter. Quadrant Capital Group LLC now owns 18,768 shares of the company’s stock worth $1,676,000 after acquiring an additional 212 shares in the last quarter. Finally, MML Investors Services LLC grew its stake in shares of Somnigroup International by 0.7% in the 4th quarter. MML Investors Services LLC now owns 43,179 shares of the company’s stock worth $3,855,000 after acquiring an additional 306 shares in the last quarter. 99.86% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

SGI has been the topic of a number of recent analyst reports. Stephens began coverage on shares of Somnigroup International in a research report on Tuesday, February 10th. They issued an “equal weight” rating and a $89.00 price target on the stock. Wall Street Zen raised shares of Somnigroup International from a “hold” rating to a “buy” rating in a research note on Friday, November 28th. Zacks Research cut shares of Somnigroup International from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, January 6th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Somnigroup International in a research report on Monday, December 29th. Three equities research analysts have rated the stock with a Hold rating, According to MarketBeat, Somnigroup International has an average rating of “Hold” and an average price target of $89.00.

Somnigroup International Company Profile

Somnigroup International Inc, together with its subsidiaries, designs, manufactures, distributes, and retails bedding products in the United States and internationally. It provides mattresses, foundations and adjustable foundations, and adjustable bases, as well as other products comprising pillows, mattress covers, sheets, cushions, and various other accessories and comfort products under the Tempur-Pedic, Sealy, Stearns & Foster, Sealy, and Cocoon by Sealy brand names. The company sells its products through approximately company-owned stores, online, and call centers; and third party retailers, including third party distribution, hospitality, and healthcare.